49 Lookout Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed by Van Dyk Group | $425,000 | |
| Listed by Van Dyk Group | |||
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Step right into one of the most beautiful and modern homes in the 55+ Community - Atlantic Hills. This gorgeous, renovated two bedroom, two bath Expanded Hampton Model is a MUST-SEE to appreciate all its striking amenities. A newly renovated kitchen features granite countertops, and extended breakfast bar, beautiful stainless steel appliances, additional built in storage underneath cabinets with integrated lighting. New high end laminate flooring in the living room, dining room, den/office and hallway. GAF Timberline Roof - 9/2020, Trane high-efficiency HVAC System 2020. Primary Bedroom Suite has been expanded to provide a comfortable and relaxing sitting area. The primary bath features a beautiful extra large tile stall shower. 2nd Bedroom on opposite side of home for maximum privacy. There is a den/office off the living room. The living room leads to a covered patio and then to the amazing backyard retreat. This completely updated yard is a serene setting perfect for relaxing or entertaining friends and family. Plus an all paver patio for low maintenance. Atlantic Hills is ideally situated. It is a short ride to the pristine beaches of LBI, Garden State Parkway, restaurants, medical facilities, places of worship and big-box stores. Everything you need is within close proximity!
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| Nov 19, 2019 | Sold | ||
| Sold | |||
| Aug 21, 2019 | Listed by Home Alliance Realty | $196,000 | |
| Listed by Home Alliance Realty | |||
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Wonderful Opportunity in 55+ Atlantic Hills! This 2 bedroom 2 bath ranch features a large open Dining/Living area, big Master Bedroom with its own bath and double closets, Den with access from bedroom and living room and enclosed porch. The community offers a Clubhouse, activities and an outdoor pool! Well located to shopping, major roadways and easy ride to the beaches of LBI! Hurry in, this one won't last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017